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The good news / bad news preview of Australia CPI data due Wednesday

Australian Q3 CPI preview data is due on Wednesday, 25 October 2023at 11.30 am Sydney time, whoch is 0030 GMT and 2030 US Eastern timeVia ING on what to expect:The good news is that we think there is a chance that the headline inflation rate could manage not to rise again in September. The bad news is that we think it may stay at 5.2% year-on-year, unchanged after it rose in August.And further, on implications for the Reserve Bank of Australia's November 7 meeting: Is this enough to keep the RB...
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Posted: Oct 23 2023, 23:22
Author Name: forexlive
Views: 042375